Kotak Securities vs Networth Direct

Kotak Securities vs Networth Direct - side-by-side comparison . Compare Kotak Securities vs Networth Direct brokerage, charges, exposure margin, demat account. Read Kotak Securities vs Networth Direct review.

Detailed comparison Kotak Securities vs Networth Direct and find out which is better in Kotak Securities vs Networth Direct .

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Kotak Securities

Networth Direct

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Trading Account Opening Fee ₹750 ₹149
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹600 ₹400
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Equity Delivery 0.49% 0.10% to 0.30%
Equity Intraday 0.049% 0.05% to 0.03%
Equity Future 0.049% 0.05% to 0.03%
Equity Options ₹300 ₹25 to ₹60 per lot
Currency Futures - 0.05% to 0.03%
Currency Options - ₹25 to ₹60 per lot
Monthly Fee NA NA
Commodity 0.07% 0.05% to 0.03%

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Kotak Securities Ltd Networth Stock Broking Ltd
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Equity Delivery ₹10,000 BSE: ₹325; NSE: ₹275
Equity Intraday ₹2500 ₹325
Equity Future * ₹1000 NSE: ₹190; BSE: ₹50
Equity Options * ₹5000(on Sell trade premium) or 12500 (on options) ₹6500
Currency Futures * NA ₹115
Currency Options NA ₹4000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Minimum Brokerage 4 paise for delivery,
3 paise for intraday and futures orders
5 Paisa per share
Call & Trade ₹20 per call -
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 27) ₹15 per scrip
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Trading Platform KEATProX, FASTLANE Fast trade
Placing orders through charts No Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes No
Unique features & Offers Bloom TV on Keat Pro trading Platform -
Referral Program No -

Demat Account Charges

Find charges for the best Demat Account for small investors

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Depository Service Provider CDSL & CDSL CDSL and NSDL
Account Opening Fee

Nil

Nil
Advance Deposit

Nil

Deposit Rs. 2,500/- (Refundable)
AMC

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Rs. 400/- p.a; BSDA: Rs. 100/- (If value of holding is between 50001 to 200000)
Dematerialisation Charges

₹3 per certificate plus ₹50 per request

Rs. 5/- Per Certificate with min Rs. 40/- Per request + Rs. 45/- Courier Charges pr request
Rematerialisation Charges

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs. 20/- Per Certificate whichever is higher, Maximum Rs 500000
Transaction Charges (Credit) - -
Transaction Charges (debit)

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Regular: Rs. 12, BSDA: Rs. 25
Pledge Creation Charges

0.05% of the value of securities Minimum ₹30

Rs. 50/- Per Instruction
Pledge Creation Confirmation Charges

0.05% of the value of securities Minimum ₹30

Nil
Pledge Invocation Charges

0.04% of the value of securities Minimum ₹30

Rs. 25/- Per Instruction
Failed Instruction Charges

Nil

Nil
Other Charges Charge for Client Master change intimation: ₹25/- Freeze-De-Freeze: Rs.50/-

Basic Details

Basic Details of Brokers

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Year of Incorporation 1994 1993
Active Exchange Memberships NSE, BSE,MCX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL and CDSL
Website http://www.kotaksecurities.com https://www.mnclgroup.com/
Contact Details 1800222299 (+91) 79-26666500
Total Number of Clients 4,43,400+ 2,47,900+
Total Number of Branches 1128+ 71

Charts and Data

Charts and Data

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes 5
No.of indicators 30 17+
No.of charts can be opened 5 5
Live Scanners Yes Yes
Customizable screeners No Yes
Trading from charts No Yes
Compare Symbol performance on Chart No -
Options charts Yes -
Continuous futures charts Yes -
Intraday historical data for charts 5 days Yes
End of Day historical data for charts 5 days Yes
Corporate action adjusted charts No Yes
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes -
Analytics Yes -
Price Ladder No -

Leverage

Leverage

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) Yes No
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Kotak Securities Ltd Networth Stock Broking Ltd
Fixed Brokerage Plan Standard Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Minimum deposit of Rs 3 lakh (negotiable) Rs.75,000 to Rs.2 Lakh

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Kotak Securities Ltd Networth Stock Broking Ltd
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